• Peer-to-peer Bitcoin trading platform Localbitcoins is causing controversy on social media after users complained about surprise anti-money laundering (AML) and know-your-customer (KYC) measures. AML/KYC: First Advertisers, Now Everyone? A thread on the r/Bitcoin subreddit currently gaining significant exposure focuses on new obligations for Localbitcoins users wishing to advertise trades or who have “significant” trade volumes. While the platform has not released official material regarding updates to its regulatory compliance policy, it now appears that depending

    Localbitcoins Now Demands ID For ‘Significant’ Trade Volumes

    | 2018/04/17 10:00 am
  • Bitcoinist spoke with Darren Marble, CEO of CrowdfundX, a fintech marketing firm that uses artificial intelligence and digital marketing to help its clients acquire retail investors and shareholders at scale. His company was responsible for designing, producing, and marketing historic Reg A+ IPOs to NASDAQ, NYSE, and OTC Markets Group, as well as Security Token Offers (STOs) such as KodakCoin. I predict that NASDAQ, the NYSE, or OTC Markets Group will launch a token market.

    ‘I Think ICO is a Dirty Word’ – Lessons in Compliance from KodakCoin (Interview)

    | 2018/04/17 8:00 am
  • Kraken, the US-based cryptocurrency exchange, has announced their plans of ceasing all of their trading operations in Japan in the near future.  Release the Kraken . . . From Japan! The Kraken exchange, one of the larger cryptocurrency exchanges in existence, has just announced that they will be leaving the Japanese market for the time being. In a report published by Bloomberg, Kraken stated: Suspending services for Japan residents will allow us to better focus

    Kraken Exchange Decides to Close down Japanese Operations

    | 2018/04/17 4:00 am
  • In an effort to strengthen its ever-expanding role in the cryptocurrency space, Coinbase has acquired Cipher browser – a competitor to its in-house Ethereum wallet, app browser and secure messaging service. Toshi + Cipher On April 13, popular San Francisco-based cryptocurrency exchange Coinbase announced its acquisition Cipher Browser, a free mobile Ethereum wallet, and web3 dapp browser. We're excited to welcome @CipherBrowser to Coinbase! https://t.co/CIqK0EtDbb — Coinbase (@coinbase) April 13, 2018 The move by Coinbase has

    Coinbase Continues to Expand, Acquires Cipher Browser

    | 2018/04/17 2:00 am
  • Tuesday, April 17 is tax day in the United States of America – but early numbers are suggesting cryptocurrency investors aren’t being entirely upfront with the government’s tax collectors. Our Little Secret Nobody likes doing their taxes, especially now that reporting profitable cryptocurrency trades is required by law. Going through a years’ worth of trades and reporting profits is time-consuming and complicated — and it’s not being done. According to the Internal Revenue Service, fewer

    Cryptocurrency Investors Apparently Aren’t Reporting Their Bitcoin

    | 2018/04/16 11:00 pm
  • How do rumors of institutional investment and the return of mainstream media cryptocurrency hype impact Bitcoin price projections? Highlights At last! The days we’ve all been waiting for are back, or so it appears for the moment. The mainstream media hype and euphoria surrounding cryptocurrency have returned and voila, BTC is up nearly 23% in the last 7 days! Of course, there are more fundamental occurrences happening behind the smokescreen of CNBC hype men shilling

    Bitcoin Price: Is Hype or Substance Now Driving the Trend?

    | 2018/04/16 7:00 pm
  • Bitcoin prices can only go higher – much higher – according to no fewer than ten expert predictions for 2018. Experts: Bitcoin Will Cost At least $20k By 2019 Despite a stubborn bull market characterizing Bitcoin in Q1 this year, naysayers calling time on the alleged cryptocurrency ‘bubble,’ April’s price uptick has reversed sentiment throughout the industry. Now, traders, commentators, investment players and financial professionals alike are releasing their sky-high Bitcoin price forecasts, with some

    Top 10 Expert Bitcoin Price Predictions For 2018 & Beyond

    | 2018/04/16 3:00 pm
  • In its continued effort to dominate the United States’ blockchain industry, popular cryptocurrency exchange Coinbase has officially acquired Earn.com — a paid inbox service and popular social network which affords users the ability to earn, spend, and donate Bitcoin. Additionally, the San Francisco-based company has hired Earn.com’s CEO, Balaji Srinivasan, to act as Coinbase’s first-ever chief technology officer. ‘Everyone is Aligning Behind Coinbase’ Coinbase continues to send some serious waves through the United States blockchain market,

    Coinbase Acquires Earn.com, Hires Superstar CTO Balaji Srinivasan

    | 2018/04/16 2:00 pm
  • Heavy footfall, the call to action, a pay what you want strategy for instant payments accepted worldwide. Here’s why cryptocurrency could soon become the buskers’ preferred virtual hat. Picture the Scene It’s Sunday afternoon and you’re doing some browsing at a local market. You’ve just got yourself some tasty tacos from one of the food stands. Yes, I meant real physical browsing, not sitting at home in front of your computer screen! Looking for somewhere to

    Bitcoin for Buskers – a Case Study in Micro-Transactions

    | 2018/04/16 11:00 am
  • Venezuela Localbitcoins users traded a record 2.7 trillion bolivars in the week ending April 14, new data shows. $55 Million A Week In Bitcoin Coming just after the debt-ridden country’s parliament formally approved a law requiring all government institutions to accept its Petro cryptocurrency by July, the astonishing numbers dwarf any other week since records began in 2013. Trading figures are compiled by monitoring site Coin Dance, which uses official exchange rates for the US

    2.7 TRILLION Bolivars: Venezuela Bitcoin Trading Hits All-Time High

    | 2018/04/16 7:00 am
  • OKEx, one of the largest exchanges in the world, has announced plans to move to the European island, Malta. This announcement came quickly after a similar announcement made by Binance, one of OKEx’s main competitors. In an attempt to gain an understanding of the political climate around cryptocurrencies in Malta, OKEx’s executives met with the Maltese government. While many EU countries are taking a standoff-ish, if not downright hostile, approach to cryptocurrency, Malta – which

    Hong-Kong Based Exchange OKEx Plans to Move to Malta

    | 2018/04/15 4:00 pm
  • This week has been very exciting with altcoins and bitcoin building momentum for a shift in market sentiment and crypto value. December until early April saw one of the largest corrections in Bitcoin’s history and the upcoming few months should present the perfect opportunity for a rebound of the cryptocurrency space. This week is very important for cryptocurrencies such as: Ripple (XRP), Komodo (KMD), and HireMatch (HIRE). For the first time in months, the news

    3 Altcoins Likely to Outperform Bitcoin for the Week of April 16

    | 2018/04/15 1:00 pm
  • The rise of cryptocurrency has brought many opportunities for investment, but such wealth potential has also attracted criminals. A recent example is of a Bitcoin robbery in Singapore, in which the victim was robbed of over $278,000 USD. The Singaporean police force has recently announced a robbery case involving a Bitcoin transaction. Pang Joon Hau, a Malaysian man, traveled to Singapore on April 8th in search of Bitcoin sellers. Carrying Lots of Cash Not a

    Buyer Loses $278,000 USD in Bitcoin Robbery

    | 2018/04/15 9:30 am
  • You’ve probably heard it all before: “Don’t you wish you invested in Apple when it was $5 a share? Don’t you wish you invested in Microsoft when it was $5 a share? Well, Bitcoin is the next Apple or Microsoft.” According to Brian Kelly, nothing could be truer. ‘This Is Like the Internet in the 1980s’ Tune in to any mainstream media outlet and you’ll likely see a flood of FUD (Fear, Uncertainty, and Doubt)

    Bitcoin is ‘Like the Internet in the 1980s,’ Says Brian Kelly

    | 2018/04/15 7:15 am
  • The SAFT may be a cousin of the SAFE – but the relationship comes with strings attached and anyone considering doing down the rabbit hole should consider potential implications very carefully. The rise of ICOs has been difficult to ignore. What was once seen as a gimmick is now threatening to reshape the fundraising industry. This is particularly the case for VCs and investors who are concerned with very early stage investments. The fear of

    SAFT – The Not So ‘Simple Agreement for Future Tokens’

    | 2018/04/15 3:00 am
  • In a market dominated by adults, children have found it hard to find entry points into the cryptocurrency space. However, companies such as Pigzbe, have genuine power in making sure kids are ready for the future of currency.   Children and Cryptocurrencies: A Good Mix? It is undeniable that cryptocurrencies have taken the world’s attention over the past year with many mainstream companies and media companies approaching the topic of cryptocurrencies and blockchain technology. A

    A New Phase of Startups: Crypto For Kids?

    | 2018/04/15 1:00 am
  • Public demand for Bitcoin ATMs continues to grow in the U.S. In response, and after a reportedly successful Q1, Coinsource, one of the largest Bitcoin ATM networks, is now deploying twenty machines in the Washington, D.C. metropolitan area. Bitcoin ATM Installations in the U.S. Capital Bitcoin user demand is pushing Coinsource to expand its services. Thus, on April 12, 2018, Las Vegas, Nevada-based Coinsource announced that it will install 20 Bitcoin ATMs across the District

    Coinsource Is Deploying Bitcoin ATMs In the U.S. Capital

    | 2018/04/15 12:00 am
  • Some reports claim that employers steal $15 billion from their employees annually by refusing to pay overtime or misclassifying workers. Now, employees are turning the tables and stealing their employers’ computing power to mine bitcoin. What’s Yours is Mine Mining bitcoin is a costly endeavor — so why not put those costs on your company’s electric bill? According to Nicole Eagan, CEO of cybersecurity company Darktrace, that’s exactly what thousands of employees are doing. The

    Workers Are Stealing Their Employers’ Power to Mine Bitcoin

    | 2018/04/14 9:00 pm
  • Yet another bitcoin-related scam has ruined the lives of many Nigerians unfortunate enough to have invested in it. Vanished As reported by The Guardian, a bitcoin company based in Calabar, Nigeria has made off with millions of Naira in customer funds. After making multiple unsuccessful phone calls to the company angry customers apparently descended upon the company’s office early yesterday morning — after which they discovered that the company no longer existed. The office had been

    Nigerian Bitcoin Scam Makes Off with Millions (Again)

    | 2018/04/14 7:00 pm
  • Pantera Capital Management, a crypto hedge fund with more than $800 million in assets, shares the positive view of some Wall Street analysts and crypto advocates in that the Bitcoin price has reached its “probable” low at $6,500. Breaking the 200-Day Moving Average Public Bitcoin price predictions and recommendations have never been a preference for Pantera Capital Management. The fund’s investments came to light in 2014, but it has only made three buy and one

    Crypto Hedge Fund: Bitcoin Price Reached its ‘Probable Low’ at $6,500

    | 2018/04/14 12:30 pm
  • Bitcoin may be heating up again, but 2013’s Nobel Prize-winning economist isn’t convinced that the first decentralized digital currency is as legitimate as many proponents think. ‘It’s Glamorous’ Bitcoin has been all over the news since last year, with many pundits arguing whether or not the cryptocurrency is here to stay. One Nobel Prize-winning economist argues for the latter. Robert Shiller, a professor of economics at Yale University and co-founder of the Case-Shiller Index who

    Bitcoin is a ‘Glamorous’ Fad, Says Nobel Prize-Winning Economist

    | 2018/04/14 10:00 am
  • Bank of England’s governor, Mark Carney, held a speech at the Public Policy Forum’s Canada Growth Summit in Toronto, outlining that despite the ‘huge amount’ of illicit activity run through cryptocurrency, at the current state, they do not pose a threat. Singing the Same Old Song In line with his previous sentiment expressed at the G20 Summit in Argentina earlier this year, rock-star banker Carney holds that, at current times, “cryptocurrencies aren’t a risk to

    Bank of England Governor Admits ‘Cryptocurrency Not a Risk’

    | 2018/04/14 2:30 am
  • Users of Indian cryptocurrency exchange, Coinsecure, who tried to access their bitcoins were met with a nasty surprise when it became evident that the exchange had been hacked. According to the International Business Times, Coinsecure is the latest crypto exchange to experience a security breach. Most of the wallets on the Indian platform were hacked, resulting in the loss of more than 430 bitcoins with an approximate value of over $3.5 million. After users became

    $3.5 Million in Bitcoin Stolen in Coinsecure Exchange Hack – Security Chief Suspected

    | 2018/04/13 7:00 pm